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Middlebelt Square Shopping Plaza 10982-10992 Middlebelt Rd 9,710 SF Office Building Livonia, MI 48150 $2,191,622 CAD ($225.71 CAD/SF) 4.50% Cap Rate
Investment Highlights
- 9.710 SF medical office building investment
- Currently 61% occupied, the property offers immediate upside through lease-up of available suites
- Up to 3,801 SF can be combined and occupied by a medical, office, or retail user
- Anchored by stable healthcare tenants: Skin & Vein Center & George Iwanow Hearing Aid Center
- Ownership has invested over $350K of capital improvements in the last 6 years
- High-traffic location in Livonia exceeding 34,000 vehicles per day, near major retailers & restaurants
Executive Summary
The property benefits from exceptional visibility with approximately 34,273 vehicles passing daily, a prominent monument sign, and immediate access to I-96 and the Southern I-275 Corridor. Surrounded by major national retailers, restaurants, and service providers, the location serves as a well-established healthcare destination within the heart of Livonia.
Ownership has invested more than $350,000 in capital improvements over the past six years, creating a well-maintained asset with minimal near-term capital requirements. Approximately 3,800 SF of available space can be combined to accommodate an owner-user or leased to medical, office, or retail tenants, providing multiple avenues for value creation.
With strong demographics, abundant parking, and future leasing opportunities, this offering presents an attractive opportunity for investors seeking stable cash flow with upside potential or medical users looking to establish a presence in a premier Livonia location.
Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- George Iwanow Hearing Aid Center
- Retailer
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
At Nationwide Foot & Ankle Care, P.C., they understand that foot and ankle pain can significantly impact a patient's quality of life. Their mission is to help all patients return to a pain-free, active lifestyle through personalized and effective treatment. Whether they are dealing with a mild sprain or chronic heel pain, Nationwide's experienced podiatrists are there to help. Doctor’s Randy Semma, Michele Bertelle-Semma, and Stacey Stefansky are experienced and knowledgeable podiatrists who treat everything from corns, calluses and bunions, to leg cramps, burning feet, diabetic footcare, ingrown toenails, fungus toenails, heel pain, athlete’s foot, and Plantar warts. Dr. Stefansky is a Board Certified Foot Surgeon and is a Fellow of the American College of Foot and Ankle Surgery. They provide their patients with superior diagnostic and clinical skills to take care of all foot care needs of the highest quality.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| George Iwanow Hearing Aid Center | Retailer | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 10986 | 1,220 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 10988 | 1,220 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 10990 | 1,220 SF | Office/Medical | Partial Build-Out | Now |
1st Fl-Ste 10986
| Size |
| 1,220 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 10988
| Size |
| 1,220 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 10990
| Size |
| 1,220 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 10986
| Size | 1,220 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
1st Fl-Ste 10988
| Size | 1,220 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
1st Fl-Ste 10990
| Size | 1,220 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
Position your practice or business for success at this highly visible medical office building located on the corner of Middlebelt Road and Orangelawn Street in the heart of Livonia. Suites are available from individual offices of 1,218 SF up to 3,801 SF contiguous, offering flexible layouts suitable for medical, healthcare, professional office, or select retail users. The property benefits from outstanding exposure with over 34,000 vehicles passing daily, a prominent monument sign, and convenient access to I-96 and the I-275 Corridor. Patients, clients, and employees will appreciate the abundant on-site parking, professional environment, and proximity to a wide variety of retail, dining, and service amenities. With a strong healthcare presence, established neighboring tenants, and flexible space configurations, this property offers an exceptional opportunity to establish or expand your business in one of Livonia's most active commercial corridors.
Property Taxes
| Parcel Number | 46-142-99-0019-005 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $565,087 CAD |
Property Taxes
Presented by
Middlebelt Square Shopping Plaza | 10982-10992 Middlebelt Rd
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